Fortress Value Acquisition V Q2 FY26 net income rises to $1.7 million; six-month net income climbs to $2.5 million
FVAV•Q2 and six-month net income
Fortress Value Acquisition Corp. V posted net income of $1.7 million for the quarter ended June 30, 2026.
Interest and dividend income totaled $2.6 million, partially offset by $830,000 in formation, general and administrative expenses.
For the six months ended June 30, 2026, net income was $2.5 million on $3.4 million of interest and dividend income.
Cash position and business combination search
Cash outside the trust account was $900,000 at June 30, 2026, with a working capital deficit of $100,000.
The SPAC said it had not identified an initial business combination, with activity focused on target search and due diligence.
